Jersey Finance appoints a former IMF economist as its new chairman while Quilter Cheviot’s Jersey office makes a notable investment hire. HSBC names a new investment strategist on Asia as UBS promotes its head of Asia-Pacific.
Risk averse high-net worth investors are losing out on significant returns, as more than a third of the average portfolio is held in cash new analysis by UBS has revealed.
UBS Group is overhauling its wealth management businesses in Europe and emerging markets (EEM) by reducing its booking hubs to three from around 10 and has announced a senior management restructure.
More than two-thirds of high net worth investors say they suffer from ‘information overload’ and admit being easily distracted by short-term developments in politics and the economy.
UBS Asset Management has cut the fees on its new exchange traded funds (ETFs) which track a benchmark index for US Treasury Inflation Protected Securities (Tips) after recording $470m (£366.4m) of inflows in less than seven months.
UBS Asset Management has launched a Hong Kong mutual fund platform, setting sights on distribution into the onshore China market, said Markus Egloff, head of wholesale client coverage for Asia ex-Japan.
Switzerland’s Supreme Court has ruled that the government can comply with a French request for information about a UBS client’s bank account, despite the request probably being founded on stolen data.
Swiss banking giant UBS has rolled out a new digital platform in the UK targeting a broader pool of investors.
US-based Northern Trust Corp is to buy UBS Asset Management’s fund administration servicing units in Luxembourg and Switzerland.
Stefan Lecher, the new head of client portfolio management for Asia-Pacific at UBS Wealth Management in Hong Kong, said unconstrained managers have the best chance to excel.
UBS Asset Management has listed five new exchange-traded funds (ETFs) tracking two benchmark indexes for US Treasury Inflation Protected Securities (Tips).
UBS Asset Management has launched a sterling-hedged exchange-traded fund (ETF) tracking the S&P 500, listed on the London Stock Exchange.
